5123 W NEPTUNE WAY, TAMPA, FL, 33609
Active572 days on marketListed Jan 10, 2025MLS #TB8337278
About this home
5123 W NEPTUNE WAY
Build your dream home on this beautiful, vacant waterfront lot in one of South Tampa’s greatest neighborhoods! Located in the quiet, upscale Beach Park / Bayshore Estates neighborhood. Must see this amazing canal location just a few lots down from the open waters of Tampa Bay, and the Gulf of Mexico beyond. 80 feet of water frontage facing west. Top rated schools, shopping, restaurants and nearby access to Westshore Blvd, Kennedy Blvd and I-275. Short drive to Tampa International Airport, West Shore Business District, downtown Tampa, Raymond James Stadium, MacDill Air Force Base, St. Pete and Clearwater. Don't miss out on building your dream home at this incredible location. Lot is vacant. Home has been torn down.
Facts & features
The home at a glance
0.29 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$14,569 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$14,569/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Beach Park
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Tampa. See the full Tampa guide →
Beach Park — neighborhood snapshot
Population
4,628
Median age
45
Median income
$161,727
Median home value
$846,281
Avg household
2
Households w/ children
528
For the school run
Hillsborough County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Tampa market
$413K → $433K
Tampa median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
Median sold price, Tampa, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 409% above the TAMPA 33609 median. See the full Tampa market guide →
Paper trail
This home's history
Reality check
What actually sold near 5123 W NEPTUNE WAY
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$325,000
16275 HORIZON ROAD · same community
3 bd · 2 ba · 1,674 sqft · $194/sqft · 84 DOM
Sold · Jul ’26$750,000
417 BAYCREST DRIVE · same community
3 bd · 3 ba · 2,144 sqft · $350/sqft · 3 DOM
Sold · Aug ’25$760,000
417 PARK LANE DRIVE · same community
3 bd · 2 ba · 2,159 sqft · $352/sqft · 29 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5123 W NEPTUNE WAY — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5123 W NEPTUNE WAY — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
5123 W NEPTUNE WAY FAQs
What would the monthly payment be for 5123 W NEPTUNE WAY?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $14,569/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 5123 W NEPTUNE WAY?+
The most recent tax bill on record (2024) was $20,557. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Tampa?+
At $2,200,000, this home is listed about 389% above the Tampa median of $449,999. The market section on this page shows how the area is trending.
Which schools are assigned to 5123 W NEPTUNE WAY?+
Coleman Middle School (middle), Grady Elementary School (elementary), Plant High School (high), Patricia Sullivan Metropolitan Ministries Partnership School (elementary) — Hillsborough County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$2,200,000 runs 409% above the TAMPA 33609 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
572 days on market against a Tampa median of 41 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Coleman Middle School, Grady Elementary School, Plant High School, Patricia Sullivan Metropolitan Ministries Partnership School — Coleman Middle School rates 5 of 5. Always verify assignments with the district.
05The price has already moved
Listed at $2,950,000, now $2,200,000 — a $750K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of BHHS FLORIDA PROPERTIES GROUP · Peter Hanson. MLS #TB8337278.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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